Krishnan Akhileswaran, Group CFO, Apollo Hospitals Enterprise, Driving Growth As A Key Leader
During the Covid virus outbreak in India, Apollo Hospitals was in the thick of action and treated 5,000 Covid in-patients at any given time. Krishnan Akhileswaran, Chief Financial Officer, Apollo Hospitals Enterprise, operationalised the finance to provide resources, equipment and infrastructure to clinical teams, overcame cash shortfalls as well as funded India’s largest private vaccination programme
Akhileswaran also played a key role in the structuring and divestment of front-end of the pharmacy division, and the demerger of back-end pharmacy business and digital platform Apollo 24/7 into a 100 per cent subsidiary. This also resulted in a vehicle for profitable growth of the vertical.
Akhileswaran guidance and approach was the key factor in ensuring Apollo Hospitals’ inclusion in Nifty 50 Index. The firm’s market cap also increased from Rs 4,510 crore in 2010 to Rs 95,000 crore in 2024.
Akhileswaran also played a key role in the expansion of the company’s footprint and scope, retail pharmacies. He also enabled growth of the retail vertical through incubation and growth of the digital health platform, Apollo 24/7. He has ensured funding of over Rs 2,000 crore for Apollo 24/7 over the last four years, so as to position it as a key engine of future growth for Apollo Hospitals, with focus on profitable growth.
